FDI Statistics

The total amount of direct foreign investments in 2018 was 843 million € and is 174 million more against 2017. By this indicator, Montenegro is still far ahead of other countries in the region.However, there is a lot of space for improvement in dynamics of decision - making, as well as in system corrections, which confirms the data on lost investments; investments that were not implemented mainly for the reason of slow administration. Thanks to investments in the tourism sector, the southern part of Montenegro improved, and northern part is still significantly behind, it had a stable share of FDI moving in the range of 6.3% - 8.1% of total FDI in Montenegro. The inflow of foreign investment in 2019 depends on the willingness to carry out big projects.

In Montenegro, there are investors from 102 countries, leading countries are: Russia, Italy, Norway, Austria, Hungary and United Kingdom. Taxes, which certainly are very important, are not the only aspect of business climate that interest foreign investors. Free trade, rule of law, smaller state role in economy are also very important. Government of Montenegro in cooperation with the economic subjects is managing to reach those goals through dedicated work and willingness to change towards European and global values.

In 2018, the largest investor in Montenegrin economy was Italy, whose invetments represents 13,7% of total FDI last year. Second place was taken by Russian Federation, and third place was taken by Serbia.

Total FDI in companies and bank in 2018 were 337 million, intercompany debt was 300 million and investments in real estate were 182 million.